01-11-2023 01:12 via theguardian.com

US home sellers win $1.78bn over inflated buyers’ commissions

Federal jury rules against National Association of Realtors and some units of Warren Buffett’s Berkshire HathawayA US jury on Tuesday found the National Association of Realtors (NAR) and some residential brokerages, including units of Warren Buffett’s Berkshire Hathaway, liable to pay $1.78bn in damages for conspiring to artificially inflate commissions for home sales.The verdict by a federal jury in Kansas City, Missouri, could upend decades-old practices that have allowed real esta
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